Stock Alert: CSIQ, WWD
by Harris Roen, Editor
Roen Financial Report
Wednesday, November 12, 2014
Today’s Alert:
Canadian Solar Inc (CSIQ)
Woodward, Inc (WWD)
Despite these two alternative energy stocks releasing very different earnings reports, shares fall for both companies.
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| Canadian Solar issues a stellar earnings report. Net income comes in almost double compared to the same quarter last year, and revenues are up 140%. Solar panel shipment forecast for 2014 is also increased. CSIQ is down slightly on large volume, but remains up 11% for the year. | Reuters |
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| Woodward Inc releases a tepid earnings report, with revenues up a bit for the quarter and flat for the year. Earnings come in somewhat lower than analyst expectations. WWD drops 6% on large volume, though share prices remain within 8% of the highs reached in July. | Press release |
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